DYNAMOS board chairman, Bernard Marriot, appeared in court today facing charges of allegedly defrauding the club of more than US$1 million.
He was remanded out of custody to May 3 pending finalisation of investigations.
Issues of bail did not arise as he was not coming from police cells but was rather summoned to appear in court.
The State said sometime in 2005, there was a dispute between the club’s founding members, and former players, and they resolved their issue before Justice Malaba.
It was ruled that each founding member, or former player, was entitled to one percent share of the total shares of the club.
In 2008, elections were held which ushered club legend, George Shaya, into power as chairman.
The State also said just a few days after the election of Shaya, as the new board chairman, Marriot allegedly connived with the late Richard Chiminya to disrupt the process.
Chiminya was then appointed board chairman.
The State said after Chiminya’s death in 2012, Mariot organised a meeting which purportedly appointed him as the board chairman.
It is alleged that after taking over the club leadership, Marriot acquired 51 percent shares and allocated seven percent shares to seven more people, who were neither founding members nor former players.
The State said the Club was prejudiced about US$1 200 000.
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